Which of the following is not an example of risk retention?
A) self-insurance,
B) using a disclaimer of warranties clause on product packaging,
C) failure to identify a risk,
D) use of a reserve fund to prefund physical damage to company cars.
Correct Answer:
Verified
Q32: The three most commonly used methods of
Q33: Self-insurance differs from the establishment of a
Q34: The following conditions are suggestive of the
Q35: Hedging is
A) insurance,
B) used for speculative risks,
C)
Q36: Risk transfer is most likely ideal for
Q37: A non-insurance transfer of risk is
A) the
Q38: A tool that generally is not used
Q39: A non-insurance transfer of risk is
A) avoiding
Q40: Which of the following does not have
Q41: Which of the following is not a
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